Forex Daily Forecast, Analysis and Prediction

AUD/USD: Pivotal point at 0.6706

The Euro has had a rough couple of days as we had broken below the 1.0950 level.

The Australian dollar has broken down significantly during trading on Friday, as we continue to see a lot of bearish pressure in this pair.

The US dollar fell during a large portion of the trading session on Friday, as the ¥110 level has offered a significant barrier of resistance recently.

The NASDAQ 100 has pulled back a bit during the trading session on Friday as the stock market in general did in the United States after a reasonably decent jobs number.

The British pound broke down again during the trading session on Friday as we continue to see a lot of weakness coming out of everything that is not American.

The S&P 500 has pulled back a bit during the trading session on Friday as the jobs numbers came out,

Although the price of the USD/JPY pair fell during the Friday session to the 109.53 support 109.53 before closing the week's trading around 109.77 level, the general trend of the pair is still upward.

Despite the positive results of the US jobs report for January.

The crude oil markets have taken it on the chin over the last several weeks, falling from $65 after the killing of Gen. Soleimani in Iraq.

The positive results of the US economic data, and the rising fears of an unknown future for Brexit by the end of 2020 were.

At the beginning of this week’s transactions, a limited and calm movement is expected for the the EUR/USD pair.

The natural gas markets have tried to form a bit of a base over the last several sessions, showing signs of stabilization, something that this market desperately needs.

Bitcoin markets were relatively quiet during trading on Friday, as the market sits just below the $10,000 region.

Gold markets initially fell during the trading session on Friday, perhaps in reduction of risk when it comes to the futures market ahead of the Non-Farm Payroll figures,